A dispute between Russia and Ukraine over natural gas deliveries has triggered widespread supply issues in Europe. Russian cut deliveries to Ukraine Jan.

A billing dispute between Russia's natural gas giant Gazprom and the Ukraine government could turn into a winter delivery problem for Europe, the company said. Gazprom is doing everything possible to avoid any disruption of gas deliveries to Europe, Gazprom deputy chairman Alexei Miller wrote in a letter to European clients recently, the EU Observer reported Tuesday. However, if events develop along an unfavorable scenario, the problem of Ukrainian transit will be a common problem for Russia and Europe, Miller wrote. Gazprom says Kiev's gas bill has reached $2 billion, but Russian Prime Minister Vladimir Putin said Monday he spoke with Ukrainian President Viktor Yushchenko for an hour.

Russian gas monopoly Gazprom has signed a memorandum of understanding with the government of the Kyrgyz Republic for co-operation in the privatization of a part of the state-owned gas company, Kyrgyzgaz.

BISHKEK. Oct 9 (Interfax) - Gazprom (RTS: GAZP) sees no risks to itself connected with the problems in the global financial markets, Alexei Miller, the Russian gas giant's chief executive, told reporters in Bishkek.

German electricity and gas utility E.ON has announced that it will acquire a 25% stake minus one share in the Yuzhno Russkoye gas field in Siberia, Russia. In return, Gazprom will receive E.ON Ruhrgas's 49% stake in the Russian company, Gerosgaz, which holds under 3% of Gazprom shares.